About Provident Housing Limited
Data last updated:
Provident Housing Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Puravankara Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2008PLC048273. Its GSTIN is 29AAECP8877D1ZW (Karnataka). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Amanda Joy Puravankara (Whole-Time Director) and Anup Shah Sanmukh.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 130/1 Ulsoor Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹377.51 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹33.95 Cr (net margin -9%) and EBITDA of ₹104.83 Cr (EBITDA margin 27.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 352 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 3 brands: Provident Neora, Ecopolitanaerospacepark and Provident Housing. As per MCA filings, the company has open charges of ₹2,611.38 Cr and satisfied charges of ₹3,603.37 Cr on record. Court records list 168 cases involving the company, including 80 filed by the company and 88 filed against it; 60 cases are pending. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹100 Cr; the latest was in December 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 1 smaller; the largest is Bhate and Raje Construction Company Private Limited with revenue of ₹379.52 Cr. The company has 33 MSME Form 1 returns on record between 2015 and 2024, listing 3,941 overdue payments to 187 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website providenthousing.com.
Company details
Contact details
Provident Housing Limited's registered office is in Bangalore, Karnataka. Its website is providenthousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 130/1 Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Provident Housing Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Provident Housing operates multiple associated brands including Provident Neora, Ecopolitanaerospacepark, and Provident Housing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential properties, managing planning, construction, and sales processes. | providentneora.co.in | |
| Residential properties are developed for aspirational home ownership. | providenthousing.com | |
| Develops and sells luxury residential apartments with amenities in Indian urban areas. | ecopolitanaerospacepark.website |
Business activity
The main business activity of Provident Housing is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Provident Housing Limited, buy the company report.
Financials of Provident Housing Limited
FY 2024 filings availableProvident Housing Limited reported revenue of ₹377.51 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 28% fall in the latest year. EBITDA fell 22% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹104.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹33.95 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | -9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Provident Housing Limited, buy the company report.
Board of directors of Provident Housing Limited
Provident Housing has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Shah Sanmukh | Director | 23 Jul 2019 | 7 Years 2 Months | Current |
| Amanda Joy Puravankara Also directs: Puravankara Limited, Aat Properties Private Limited, Aarp Properties Private Limited and 5 more | Whole-Time Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Nani Rusi Choksey Also directs: Devas Global Services LLP, Dealwel Estates Pvt Ltd, Handiman Services Limited and 5 more | Director | 14 Nov 2008 | 17 Years 11 Months | Current |
| Ashish Ravi Puravankara | Director | 14 Nov 2008 | 17 Years 11 Months | Current |
Peer comparison
Provident Housing Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhate and Raje Construction Company Private Limited | ₹379.52 Cr (FY 2024) | 2.0% | Pune, Maharashtra, India | |||
| Prateek Realtors India Private Limited | ₹378.22 Cr (FY 2025) | 123.0% | Delhi, India | |||
| Bearys Properties and Developments Private Limited | ₹377.84 Cr (FY 2024) | -3.0% | Bangalore, Karnataka, India | |||
| Provident Housing Limitedthis company | ₹377.51 Cr (FY 2025) | -₹33.95 Cr | -9% | -28.0% | 352 | Bangalore, Karnataka, India |
| D.G.S Township Private Limited | ₹376.75 Cr (FY 2025) | 106.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Provident Housing Limited, buy the company report.
Auditor
Provident Housing Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Provident Housing Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Provident Housing Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101196941 | Others | ₹10 Lakh | Open | |
| 21 Nov 2025 | 101201862 | Idbi Trusteeship Services Limited | ₹55 Cr | Open | |
| 04 Aug 2025 | 101151026 | Idbi Trusteeship Services Limited | ₹20 Cr | Open | |
| 05 Jun 2025 | 101112589 | Idbi Trusteeship Services Limited | ₹30 Cr | Open | |
| 24 Feb 2025 | 101079383 | Others | ₹100 Cr | Open |
To see the full charge records of Provident Housing Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Provident Housing Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹100 Cr; the latest was in December 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Debt financing | ₹100 Cr | Investors: Motilal Oswal Real Estate |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Provident Housing Limited has 168 court cases on record: 80 filed by Provident Housing, 88 filed against it. 60 cases are pending and 108 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 93 | 34 | 34 |
| District courts | 74 | 53 | 26 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 168)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Guardians Real Estate Advisory Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by Kunnel Engineers and Contractors Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Kunnel Engineers and Contractors Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against M/S Gcorporate Estates Private Limited and 1 other | Pending |
To see the full case history of Provident Housing Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Provident Housing Limited was last rated by Icra on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Provident Housing Limited, buy the company report.
MSME payment delays
Provident Housing Limited has 33 MSME Form 1 returns on record between 2015 and 2024, listing 3,941 overdue payments to 187 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 187)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Purva Woodworks Private Limited | |||
| an individual supplier | |||
| Good Old Delight LLP | |||
| an individual supplier |
To see the full MSME payment records of Provident Housing Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Provident Housing has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Purva Good Earth Properties Private Limited | U45201KA2007PTC042436 | |
| Purva Sapphire Land Private Limited | U45201KA2007PTC042437 | |
| Varishtha Property Developers Private Limited | U45208TG2015PTC101839 | |
| Provident Cedar Private Limited | U45309KA2016PTC097552 | |
| Provident Meryta Private Limited | U45500KA2016PTC096065 | |
| D.V.Infrahomes Private Limited | U70102MH2013PTC246821 |
To see the full group structure of Provident Housing Limited, buy the company report.
Employees & EPFO
Provident Housing Limited has a workforce of 352 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Provident Housing has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP8877D1ZW | Karnataka | Active | 01 Jul 2017 |
| 29AAECP8877D2ZV | Karnataka | Active | 10 Oct 2017 |
| 33AAECP8877D1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAECP8877D1Z1 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Provident Housing Limited, buy the company report.
Recent activity
Provident Housing Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Sasalu Mallanna ceased to be CEO on 29 May 2025.
97 earlier events are in the company report.
News
Frequently asked questions
Provident Housing is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 November 2008 (18+ years old) and is registered under CIN U45200KA2008PLC048273.
Provident Housing has 4 current directors:
- Amanda Joy Puravankara - Whole-Time Director
- Anup Shah Sanmukh - Director
- Nani Rusi Choksey - Director
- Ashish Ravi Puravankara - Director
The latest financial statements of Provident Housing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Provident Housing is 29AAECP8877D1ZW, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29AAECP8877D2ZV (Karnataka), 33AAECP8877D1Z7 (Tamil Nadu), 36AAECP8877D1Z1 (Telangana).
The CIN (Corporate Identification Number) of Provident Housing is U45200KA2008PLC048273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provident Housing has 168 court cases on record: 80 filed by the company and 88 filed against it. 60 are pending. Most are in the high courts.
Provident Housing was incorporated on 14 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Provident Housing has 1 deal on record (1 debt financing), with disclosed funding of ₹100 Cr; the latest was in December 2022.
The peers of Provident Housing by revenue are Bhate and Raje Construction Company Private Limited, Prateek Realtors India Private Limited, Bearys Properties and Developments Private Limited, D.G.S Township Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sasalu Mallanna ceased to be CEO on 29 May 2025. Amanda Joy Puravankara ceased to be Director on 12 Aug 2021. Anup Shah Sanmukh ceased to be Additional Director on 27 Sep 2019. Provident Housing has 12 board changes on record in total.
Provident Housing has 33 MSME Form 1 returns on record between 2015 and 2024, listing 3,941 overdue payments to 187 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Provident Housing can be reached through the website providenthousing.com. Its registered office is in Bangalore, Karnataka, India.